Rights offerings are cheaper than general cash offers and eliminate the problem of underpricing. Yet most new

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Rights offerings are cheaper than general cash offers and eliminate the problem of underpricing. Yet most new equity issues in the U.S. are underwritten general cash offers.

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Corporate Finance With Connect Access Card

ISBN: 978-1259672484

10th Edition

Authors: Stephen Ross ,Randolph Westerfield ,Jeffrey Jaffe

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